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BluePhoenix Solutions Takes Leading Role as Premier Sponsor of Gartner&aposs Application, Architecture, Development and Integration Summit

CARY, North Carolina, November 27 /PRNewswire-FirstCall/ -- BluePhoenix Solutions (NASDAQ: BPHX), the leader in value-driven legacy modernization, today announced its premier sponsorship of the Gartner Application, Architecture, Development and Integration Summit that will take place from December 3 - 5 at the Rio All Suite Hotel & Casino in Las Vegas.

CARY, North Carolina, November 27 /PRNewswire-FirstCall/ — BluePhoenix Solutions (NASDAQ: BPHX), the leader in value-driven legacy modernization, today announced its premier sponsorship of the Gartner Application, Architecture, Development and Integration Summit that will take place from December 3 – 5 at the Rio All Suite Hotel & Casino in Las Vegas.

Representatives from BluePhoenix and its System i migration company, ASNA, will be on hand to discuss how to ensure a solid SOA foundation around mainframe and midrange systems by ensuring that the base is built on current modern technology.

"We are excited to be taking such a leading role as premier sponsor of this prestigious event," said Arik Kilman, CEO of BluePhoenix. "With over 1000 senior IT professionals attending this summit, we look forward to presenting our modernization solutions and the successful projects that we have implemented for companies around the globe."

At the summit, the Federal Bureau of Prisons, a BluePhoenix customer, will be highlighted in a session that will focus on their successful migration and modernization project. The session will discuss the steps they took to reduce operating costs while providing a modern platform for efficient data access that complies with their information protection regulations.

In addition, BluePhoenix Vice President of Research and Development Tom O'Connell will present a session at the event entitled, "SOA Alchemy: Transforming Legacy Systems into Agile Services." The session will discuss creating a solid foundation for service oriented architecture (SOA) and how mainframes and midrange systems can play a major role in the new architecture.

Additional information about the event is available at http://www.gartner.com/us/aadi-fall.

About BluePhoenix Solutions

BluePhoenix Solutions (NASDAQ: BPHX) is a leading provider of value-driven modernization solutions for legacy information systems. BluePhoenix offerings include a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, rehosting, and renewal. Leveraging over 20 years of best-practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped, or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime.

BluePhoenix provides modernization solutions to companies from diverse industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing, and retail. Among its prestigious customers are: Aflac, Citigroup, DaimlerChrysler, Danish Commerce and Companies Agency, Lawson Products, Los Angeles County Employees Retirement Association, Merrill Lynch, Rabobank, Rural Servicios Informaticos, SDC Udvikling, and TEMENOS. BluePhoenix has 15 offices in the USA, UK, Denmark, Germany, Italy, France, The Netherlands, Romania, Russia, Cyprus, South Korea, Australia, and Israel.

SAFE HARBOR: Certain statements contained in this release may be deemed forward-looking statements, with respect to plans, projections, or future performance of the Company, the occurrence of which involves certain risks and uncertainties that could cause actual plans to differ materially from these statements. These risks and uncertainties include but are not limited to: market demand for the Company's tools, successful implementation of the Company's tools, competitive factors, the ability to manage the Company's growth, the ability to recruit and retrain additional software personnel, and the ability to develop new business lines. This press release is also available at www.bphx.com. All names and trademarks are their owners' property.

Company Contact Colleen Pence BluePhoenix Solutions +1-210-408-0212, ext. 600 cpence@bphx.com Investor Contact Paul Holm H.L. Lanzet +1-212-888-4570 paulmholm@gmail.com

SOURCE BluePhoenix Solutions Ltd.

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